Grant County, IN · Sold

IN-344652

5834 County Road 90

$290,900

$20,007/ac · 14.54 ac

Offer report Market this tract

Acreage14.54 ac

Price per acre$20,007/ac

ZoningResidential

Road accessPaved

UtilitiesPower at road

TopographyFlat

ListedNov 16, 2023

Coordinates40.5116, -85.6770

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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Grant County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Grant market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands39.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

957 ft of deeded road frontage.

Power211 ft away

Power at or near the road.

Buildable area8.32 of 14.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$210,977

$178,451 – $243,503 · $14,510/ac on 14.54 ac

Asking vs estimate

+37.9%

Priced above the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $290,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$120,558

$8,291/ac · +30.0% target margin

You need $170,342 off asking to hit this margin.

All-in cost$130,805

Net resale$194,099

Projected profit$63,293

ROI+48.4%

Annualized+69.3%

Break-even resale$9,779/ac

Profit if resale lands off target

-20%

$24,473

-10%

$43,883

$63,293

+10%

$82,703

+20%

$102,113

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-744522 Paved · Power at road	13.2	Feb 11, 2026	$173,900	13,142	13,295	5.1 mi	89
IN-543124 Paved · Power at road	4.8	Jul 27, 2026	$71,800	14,919	13,818	2.0 mi	77
IN-664756 Gravel · Power at road	15.7	Mar 13, 2025	$146,800	9,365	11,808	5.8 mi	76
IN-494195 Landlocked · Full utilities	10.4	Jul 19, 2025	$101,300	9,703	13,985	3.6 mi	73
IN-464464 Dirt · Off grid	12.7	Jun 17, 2024	$109,200	8,609	14,956	6.3 mi	70
IN-593305 Dirt · Full utilities	5.5	Jun 1, 2025	$98,100	17,907	19,675	4.2 mi	68
IN-546308 Gravel · Off grid	48.3	Sep 11, 2025	$416,900	8,638	14,921	5.6 mi	62

Show adjustment detail for the top comp

Tract size (13.23 ac → 14.54 ac)-1.0%
Market time (6 mo)+2.1%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV